Though New York’s bankruptcy court signed off on Binance.US’ plan to purchase Voyager’s distressed assets, the United States government is making an effort to block the billion-dolla...
Tag: Voyager Digital
Mark Cuban Accuses Plaintiffs Suing Him of ‘Forum Shopping and Gamesmanship’
“Shark Tank” investor Mark Cuban filed a motion arguing the Voyager class-action lawsuit in which he was accused of promoting a “Ponzi scheme” should be moved from Florida to Texas. The transfer of ve...
Bitcoin’s Rally Is Built on Low Trading Volume. That Adds to the Risks.
Bitcoin has rocketed 37% since the start of the year, completely erasing its losses after the demise of the cryptocurrency trading platform FTX. But there is ample reason investors shouldn’t chase the...
Voyager’s VGX Jumps 40% Following Binance.US Takeover News
Bankrupt crypto lender Voyager has been given a legal nod for the $1 billion sale of its assets to Binance.US as part of its ongoing liquidation proceedings following its collapse last year. News of t...
Home Builder Sentiment Tanked Every Month This Year—But There’s Finally A ‘Silver Lining’
Topline Home builder confidence plunged every single month this year as higher interest rates weakened demand in the formerly booming housing market, the National Association of Home Builders reported...
Binance U.S. Wins Bid To Buy Bankrupt Voyager Digital’s Assets In $1 Billion Deal For Crypto Tokens
Topline The independent U.S. arm of cryptocurrency exchange Binance has landed a bid to effectively bail out crypto broker Voyager Digital and buy its assets for just over $1 billion—capping weeks of ...
Crypto’s Onetime Fans Are Calling It Quits After FTX Collapse
Buying crypto was so much fun when it was going up. Now, many onetime fans are getting out. This year has brought crisis after crisis, raising questions about the industry’s long-term prospects. Two m...
Investors Have Lost Faith in Crypto Exchanges. JPMorgan Sees an Opportunity.
A string of crypto business failures has stranded millions of dollars in customer funds this year, underscoring the level of trust needed for groups that are custodians of digital assets. JPMorgan Cha...
Binance U.S. Arm to Bid for Bankrupt Voyager Digital’s Assets After FTX Collapse
The U.S. arm of Binance, the world’s largest cryptocurrency exchange, will make a bid for bankrupt lender Voyager Digital following the collapse of FTX, which in September won an auction for the comp...
Bankrupt Voyager Digital Looks for New Buyer After FTX Goes Under
Bankrupt cryptocurrency broker and lender Voyager Digital Ltd. said it has resumed its search for a buyer in light of the collapse of crypto exchange FTX, the firm founded by wunderkind Sam Bankman-Fr...
Crypto lender Voyager reopens bidding process following FTX bankruptcy
Crypto lender Voyager has reopened the bidding process for its assets following the bankruptcy of crypto exchange FTX, which had been expected to buy them. The firm said in a statement: &#...
Bankrupt crypto lender Voyager’s CFO resigns
The chief financial officer of bankrupt crypto lender Voyager is expected to leave the company, a Friday announcement said. Ashwin Prithipaul “is resigning to pursue other opportunities,” ...
Lawsuit Accuses Mark Cuban, Voyager Digital Of Defrauding Cryptocurrency Investors
Mark Cuban and Voyager Digital CEO Stephen Ehrlich at a press conference in October 2021 announcing … [+] a five-year partnership between the Dallas Mavericks and Voyager. Doyle Rader Dallas Mav...
Crypto company failures not covered by federal insurance, FDIC says
Federal Deposit Insurance Corporation (FDIC) protection does not apply to crypto company failures, according to a new fact sheet released by the agency on Friday. “Some crypto companies have misrepres...
US Fed, FDIC accuse Voyager Digital of ‘false and misleading’ insurance claims
The US Federal Reserve and the Federal Deposit Insurance Corporation (FDIC) issued a joint cease-and-desist letter to crypto firm Voyager Digital over past claims regarding depository insurance. The t...
FTX, Alameda propose early liquidity plan for Voyager Digital customers
The company that owns and operates the popular cryptocurrency exchange FTX.com has proposed a plan to allow Voyager Digital customers the chance to receive a part of their bankruptcy claims immediatel...
Crypto Took Wall Street on a Wild Ride. Now It’s Ending in Tears.
Cory Klippsten is a big fan of Bitcoin. But his affinity for cryptocurrencies ends there. Klippsten, head of a company called Swan Bitcoin, sees a growing minefield of scams, fraud, and risky products...
Celsius Customers Are Losing Hope for Their Locked-Up Crypto
It has been three weeks since crypto lender Celsius Network LLC took the drastic step of halting customers’ withdrawals. Many people are starting to wonder if they will ever see their money again. All...
Court Reportedly Orders Liquidation Of Crypto Hedge Fund Three Arrows Capital, Threatening More Market Turmoil
Topline Singapore-based crypto hedge fund Three Arrows Capital has become insolvent and a British Virgin Islands court has ordered its assets to be liquidated, Sky News reported on Wednesday, a develo...
Voyager Digital Sees a 70% Increase in Its Quarterly Revenue for 2022
Voyager Digital (TSX: VOYG), a crypto trading platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering acce...
Voyager Digital Raises $60 Million Through Private Placement
On Monday, Voyager Digital (TSX: VOYG), a crypto trading platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, gar...
Several US State Regulators Crack Down on Voyager Digital
Canada-listed Voyager Digital (TSX: VOYG) confirmed on Wednesday that several state regulators in the United States are scrutinizing its services for offering interest-bearing cryptocurrency accounts....